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In January 2024, the crypto market is witnessing a significant liquidity inflow of over $600 million due to the token unlocking of major projects such as Aptos (APT), Injective (INJ), and Optimism (OP). Aptos led the way with a significant unlock of 24.84 million APT tokens, representing 8.08% of its circulating supply, while Optimism plans to launch 24.16 million OP tokens, representing 2.65% of its circulating supply. Additionally, Injective is approaching the final unlock with 3.67 million INJ tokens. These unlocks have historically impacted token prices and contributed to increased market volatility; The industry is also closely monitoring the SEC’s decisions regarding Bitcoin ETFs.
According to the sponsored content poster, Celestia (TIA), Optimism (OP), Aptos (APT) and ScapesMania, whose new project future is uncertain, emerge as cryptos to watch closely this week. These coins are trending for different reasons such as impressive growth, significant project funding rounds, and various updates.
The 3 Hottest Trending Altcoins to Buy This Week
- ScapesMania: Since it is a new project and it is not clear whether it will be successful or not, do not take any action without doing detailed research. However, according to his team, the new, game-focused project is on pre-sale with strong excitement.
- Celestia (TIA): Post-mainnet launch increase, significant market cap growth.
- Optimism (OP): Resilient, powered by Ethereum upgrades and innovation.
- Aptos (APT): Strong recovery, user growth leading to price increase.
ScapesMania: Newcomer to the Crypto Scene
According to the sponsored content submitter, ScapesMania has emerged as a one-of-a-kind gaming ecosystem that appeals to two different audiences. It delivers an immersive experience to casual gamers while empowering crypto enthusiasts to reap the rewards of the project’s performance and actively shape its future.
It is claimed that for many crypto enthusiasts, ScapesMania has already become one of the new projects for 2024 and beyond. The community’s excitement is reflected in the fact that the project has so far only come from mass/retail contributions. $3,680,000 has been successfully collected on and that this figure is $65,000 – $117,000 It is evident from the increase.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
You can explore ScapesMania’s offer. According to the team, the pre-sale will give the tokens to the buyers. with 50% discount They claim that they offer the chance to benefit from the early bird advantage by purchasing. If the project is successful, once the pre-sale ends, the list price will be adjusted to the team’s goal. $0.1 per coin They think it indicates the possibility of lucrative returns for early adopters. The investment carries the risk of loss if the project fails.
Growth Potential
According to the sponsored content poster, a closer examination of ScapesMania’s tokenomics and other characteristics provides insight into why it could be one of the altcoins to watch right now. Gaming ecosystem by 2027 521.60 billion It operates within the 376 billion-dollar developing gaming industry, which is only expected to grow by reaching $376 billion.
According to the team, ScapesMania owners can benefit from a variety of incentives, including buyback, burn and staking opportunities. Early buyers also Up to +107% also has the chance to receive bonuses.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Innovative main idea, impressive pre-sales figures, $100,000 giveaway, endless social media excitement and other positive aspects, ScapesMania is claimed to be an explorable project for investors.
ScapesMania: a special offer code, LBI116. in a special area during checkout. LBI116 After entering you can earn a 10% bonus. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Celestia (TIA): Bullish Posture Amid a Remarkable Rally
Celestia (TIA) has caught the attention of crypto investors lately and has maintained its uptrend even after an impressive 480% rally. The token’s value rose to $13, marking a 42% gain in 30 days and a staggering 481% increase over the previous 90-day period. This growth coincided with the launch of the Celestia (TIA) mainnet beta and marked the beginning of a new era for the modular blockchain. Despite the decline in social volume and development activity, TIA’s market cap skyrocketed from almost nothing to $885 million in just 15 days and now stands at $1.9 billion.
Celestia (TIA) has seen significant swings in its price, with key levels to watch including the 100-period exponential moving average (EMA) at $12.38 and the major support at $11.18. The token is trading in a demand zone between $11.18 and $12.91, marking a critical inflection point for its value.
Looking ahead, Celestia (TIA) presents a mix of expectations and challenges. The token’s recent performance and the launch of the mainnet beta indicate a strong foundation for growth. However, market volatility and the recent decline in social and development benchmarks could lead to difficulties. Investors and enthusiasts will closely monitor these factors to gauge the future trajectory of Celestia (TIA) value.
Optimism (OP): Resilience in the Face of Market Turbulence
Optimism (OP) has had a tumultuous journey since its launch. After reaching an all-time low in June 2022, the token has seen a rebound, particularly in anticipation of Ethereum’s Cancun upgrade and hosting of the Worldcoin (WLD) privacy token. Despite challenges such as SEC actions against major crypto exchanges, Optimism (OP) has shown resilience and now has a market cap of around $3 billion
Optimism (OP) price struggled to reach initial trading levels post-launch. However, recent developments and increased network usage have led to positive price movement. While the token’s future trajectory remains uncertain, predictions suggest it could potentially reach $4.57 within two years.
Optimism (OP) faces a future full of both potential and obstacles. The platform’s innovative approach and recent increase in usage provides a solid foundation for growth. However, regulatory challenges and market volatility remain significant obstacles. The community’s response to these factors and the platform’s ability to maintain its momentum will be crucial in determining the future value of Optimism (OP).
Aptos (APT): Advancing Against Negativity in the Market
Aptos (APT) has made a strong recovery following the recent market crash, rising in price from $8.8 to nearly $11. This increase resulted in significant losses for sellers and demonstrated the resilience of the token. The increase in user transactions and active accounts on the Aptos blockchain directly positively impacted the Aptos (APT) price, reflecting increased confidence and buying pressure in the market.
Aptos (APT) price is trading at approximately $10.7, up over 19.1% compared to the previous day. The token’s RSI level indicates that it is approaching the overbought zone and suggests a potential correction near the $11 level. The bulls aim to continue the current rally with a target price zone of $11-14. If successful, Aptos (APT) price could rise towards $20.
Aptos (APT) stands at a crossroads with significant growth potential tempered by possible market corrections. The token’s strong recovery and increased network activity indicate a strong market presence. However, the looming possibility of a correction and the need to continue the current rally brings challenges. Aptos’ (APT) ability to navigate these waters and maintain its upward trajectory will be key to its future valuation.
In conclusion
In January 2024, the crypto market was buoyed by the unlocking of key tokens, particularly Aptos (APT), Injective (INJ), and Optimism (OP), providing over $600 million in liquidity. This flow is considered watchable for savvy traders, especially in altcoins that are potential growth contenders.
ScapesMania, which is still in the pre-sale phase, is claimed to attract attention with its game-related concept and significant social media excitement.
Site: https://scapesmania.io/
Twitter: https://twitter.com/ScapesMania
Telegram: https://t.me/scapesmania
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before investing!